GameStop Reportedly Considers Partnership with eBay Instead of Acquisition
GameStop CEO Ryan Cohen is reportedly considering dropping his company's bid for eBay in favor of pursuing a partnership, potentially leveraging GameStop's 1,600 US stores to benefit eBay, according to sources.
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GameStop Rethinks Its eBay Play
GameStop is considering dropping its bid for eBay and pursuing a partnership instead, according to sources. Bloomberg’s Bailey Lipschultz and Spencer Soper explain how GameStop CEO Ryan Cohen could seek to leverage its 1,600 US stores to give eBay a physical retail presence - and why a partnership may prove more realistic than an outright deal. They join Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Read full article →GameStop weighing withdrawal of eBay bid, Bloomberg News reports
Read full article →Game Over? GameStop CEO May Pull $56 Billion eBay Bid
Game Over? GameStop CEO May Pull $56 Billion eBay Bid Anyone who took GameStop CEO Ryan Cohen's bid for eBay seriously should have reconsidered after his CNBC interview with Andrew Ross Sorkin in early May. When Sorkin pressed him on the basic math, Cohen failed to clearly explain how GameStop could finance the $56 billion deal or make the proposed cash-and-stock structure work. The interview raised more questions than it answered and pointed to the inevitable conclusion: the d...
By Tyler Durden
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